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never know when a carl icahn is going to show up and upset the apple cart and cause a corporation to get that one time share price bump up. but in the long run, it is hard to make your long-term returns. if you have an questions about whether that is happening, i have a new piece of macro economic evidence for you. number one, our public corporations are disappearing. the number of public companies listed on the u.s. exchanges has declined by more than 40% in the last 15 years. if it were a species, we would call it in danger. number two, the life span of a fortune 500 company was about 75 years in the 1920's. it is down to 15 years today. so if you have any doubt that short-termism is harming our corporations, that should be some evidence you think about. you might wonder if there is more going on than you have realized. what are we to do? the good news is, i do see this problem is very fixable, or at least improve global. -- improveable. in 1960, the holding period for a share of stocks was eight years. today is down to around four months. what can we do to change that? there are a mil
. for instance, i got to meet carl sandburg. i was taking an english literature class. i got him to sign my english text book. [laughter] i have said enough. >> did you get an 'a'? >> as a matter of fact, i did. i was a very studious type. i was boring. except for a little short time at the end when i was not boring. i did not get mentioned a whole lot of times about the partying i was doing. >> we will get to that. [laughter] susan, when you were in the white house, it is the mid 70's. you are in high school. that is a pretty unique vantage point on that era. your youthful rebellion -- how did it manifest itself at the white house? >> unlike lynda, she lived on the second floor with her parents across the hall. i had the third floor to myself. i actually took julie's and david's room. we can all tell each other who lived in the room before the other person did. we did not move in like the johnsons. my dad commuted from alexandria, virginia. when the move again, it had turquoise blue shag carpeting. the only way to make an outgoing phone call was you pick up the phone and the white house op
Search Results 0 to 3 of about 4 (some duplicates have been removed)